Business Checking

Whether you own a small business or manage the finances for a large corporation or nonprofit organization, ESSA Bank & Trust has a business checking account that's right for you. Our account offerings take all the confusion out of selecting the right checking account.

Business Basic Checking

This account is for the sole proprietor with limited monthly transaction activity.

• $100 minimum daily balance requirement to avoid monthly service charge
• Generous allotment of free transactions each month – including deposits posted, checks paid, items deposited and ACH transactions posted
• Business debit card available
• iBank@ESSA℠ Internet Banking at no charge
• Bill Pay – monthly fee waived when signed up for eStatements
• Overdraft protection available

Business Plus Checking

This account is an interest-bearing account designed for small business owners.

• $1,000 minimum daily balance to avoid monthly service charge
• Earns interest each day the minimum balance is $1,000 or more
• Generous allotment of free transactions each month – including deposits posted, checks paid, items deposited and ACH transactions posted
• Business debit card available with no monthly fee
• iBank@ESSA℠ Internet Banking at no charge
• Bill Pay – monthly fee waived when signed up for eStatements
• Overdraft protection available

Business Analysis Checking

This account is designed for the business that experiences higher transaction volume, maintains a higher checking balance, and utilizes cash management services.

• No minimum balance requirement
• Affordable monthly maintenance fee
• Earnings Credit to offset fees
• Business debit card available with no monthly fee
• iBank@ESSA℠ Internet Banking at no charge
• Bill Pay – monthly fee waived when signed up for eStatements
• Overdraft protection available
• Cash Management tools (ACH Origination, Wire Transfers, and eDeposit) available

NPO/IOLTA Checking

This account is designed to meet the needs of nonprofit organizations and Interest on Lawyers Trust Accounts (IOLTA). The IOLTA program supports legal aid, legal education for the public, and other activities that improve the quality of justice. Interest from lawyer trust accounts is pooled to provide civil legal aid to the poor and disadvantaged.

• No minimum daily balance requirement
• No monthly maintenance fee
• Interest earned when daily balance is $1,000 or more
• Unlimited free transactions each month – including deposits posted, checks paid, items deposited and ACH transactions posted.
• iBank@ESSA℠ Internet Banking at no charge
• Bill Pay – monthly fee waived when signed up for eStatements
• Cash Management tools (ACH Origination, Wire Transfers, and eDeposit) available

Payment Protection

ESSA's Payment Protection provides a convenient way to avoid the embarrassment of overdrawing your account or having an item returned for insufficient funds. Add Payment Protection to your Business Basic, Business Plus or Business Analysis Checking Account by linking it to an ESSA Corporate Statement Savings or ESSA Money Market Account. Funds will automatically be transferred (subject to transaction limitations by regulation*) to your checking account when the balance does not cover checks that you have written or other items (ACH or debit card transactions, for example) presented for payment on your account. We'll do the work, and you'll avoid having your check or electronic transaction returned. Standard insufficient funds/overdraft fees are waived, but a nominal transfer fee applies.

*By law, no more than six (6) third-party transfers per statement cycle are permitted.

 

For more information, call any ESSA branch and speak to one of our Customer Service Representatives.